The acquisition is the fourth for the Financial Planner and brings £200m in funds under management.
Gyr is based in Swanley, Kent and has a team with over 100 years’ experience in financial services.
Gyr specialises in providing private clients with independent strategic Financial Planning and investment services.
David Carr, chief executive at Gale and Phillipson, said “Adding Gyr to the group brings combined strength to our group of companies and gives us the ability to provide wealth management services to more clients in London and the South East.
"While it complements our national growth aspirations, joining us will allow Gyr to remain fully independent, and most important, give them the additional time to concentrate on what they do best.”
Rob Rackliffe of Gyr said “We spent quite some time looking for a firm to work with. We wanted to work with a firm that shared the same values as us – putting clients’ interests first, fully independent, and a great business. Gale and Phillipson have an excellent investment department and investment management services, great regulatory and technical resources we can utilise, and an interesting and unique savings service which our clients can benefit from.”